Forefront Analytics LLC Sells 16,911 Shares of SPDR S&P 500 ETF Trust (SPY)

Share on StockTwits

Forefront Analytics LLC lessened its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 33.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,878 shares of the company’s stock after selling 16,911 shares during the period. SPDR S&P 500 ETF Trust accounts for approximately 4.7% of Forefront Analytics LLC’s holdings, making the stock its 6th biggest position. Forefront Analytics LLC’s holdings in SPDR S&P 500 ETF Trust were worth $8,467,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Davidson Investment Advisors raised its position in shares of SPDR S&P 500 ETF Trust by 1,195.0% during the 4th quarter. Davidson Investment Advisors now owns 10,360 shares of the company’s stock valued at $2,589,000 after buying an additional 9,560 shares in the last quarter. Beacon Investment Advisory Services Inc. raised its position in shares of SPDR S&P 500 ETF Trust by 135.2% during the 4th quarter. Beacon Investment Advisory Services Inc. now owns 46,089 shares of the company’s stock valued at $11,519,000 after buying an additional 26,494 shares in the last quarter. Northwest Capital Management Inc raised its position in shares of SPDR S&P 500 ETF Trust by 31.1% during the 4th quarter. Northwest Capital Management Inc now owns 2,636 shares of the company’s stock valued at $659,000 after buying an additional 626 shares in the last quarter. GAM Holding AG raised its position in shares of SPDR S&P 500 ETF Trust by 420.9% during the 4th quarter. GAM Holding AG now owns 35,617 shares of the company’s stock valued at $8,901,000 after buying an additional 28,780 shares in the last quarter. Finally, Chesley Taft & Associates LLC raised its position in shares of SPDR S&P 500 ETF Trust by 3.1% during the 4th quarter. Chesley Taft & Associates LLC now owns 61,064 shares of the company’s stock valued at $15,261,000 after buying an additional 1,854 shares in the last quarter.

Shares of NYSEARCA SPY opened at $290.02 on Friday. SPDR S&P 500 ETF Trust has a 12-month low of $233.76 and a 12-month high of $293.94.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, March 18th will be given a dividend of $1.2331 per share. This represents a $4.93 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Friday, March 15th.

COPYRIGHT VIOLATION WARNING: “Forefront Analytics LLC Sells 16,911 Shares of SPDR S&P 500 ETF Trust (SPY)” was originally reported by Highlight Press and is the property of of Highlight Press. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be read at https://highlightpress.com/2019/04/20/forefront-analytics-llc-sells-16911-shares-of-spdr-sp-500-etf-trust-spy.html.

SPDR S&P 500 ETF Trust Company Profile

SPDR S&P 500 ETF Trust (the Trust) is a unit investment trust. The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index (the Index). The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the Index (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.

Recommended Story: Rule of 72

Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Receive News & Ratings for SPDR S&P 500 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 500 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.